Leading Chinese Carmaker Guangzhou Automobile Group will open its office in Georgia by the end of this year, - it was announced after the meeting Prime Minister of Georgia Mamuka Bakhtadze and Chairman of Guangzhou Automobile Group Zeng Qinghong.
As the PM’s Press Office informs, after opening the office, the company will study the country's environment further to make decisions on investing and building sites.
During the meeting with the Chairman of Guangzhou Automobile Group, the Prime Minister of Georgia described the country's favorable investment environment and the Government's initiative offering considerable tax cuts to companies with regional offices in Georgia.
At the meeting the sides emphasized the positive dynamics in Georgia-China relations, and expressed hope of successful cooperation with the company.
“Guangzhou Automobile Group is China's leading carmaker with more than 84,000 employees. The group manufactures passenger cars and commercial vehicles, motorcycles, and auto parts. It is also engaged in the areas of finance and insurance. The group's fixed capital exceeds 18 billion USD,” the PM’s Press Office said.